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3. Top Companies in Crop Protection Chemicals Industry - BASF SE (Germany), Bayer AG (Germany) and Syngenta Group (Switzerland)

The crop protection chemicals market is estimated at USD 79.3 billion in 2024 and is projected to reach USD 101.0 billion by 2029, at a CAGR of 5.0% from 2024 to 2029.

Crop protection encompasses practices and products aimed at safeguarding crop yields, including methods to improve yield and prevent losses from diseases, insects, fungi, rodents, and more. Farmers benefit from sustainable practices, increased yields, and better returns on investments. Protection can be implemented before, during, and after cultivation using fungicides, pesticides, herbicides, and biopesticides, along with methods like seed treatments, trap cropping, and biological control. The crop protection chemicals market is growing due to the increasing need to enhance agricultural productivity and ensure food security amidst challenges like pest infestations and crop diseases.

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BASF SE (Germany)

BASF SE Group operates globally with 234 production sites, including six Verbund sites, and relies on approximately 112,000 employees worldwide. Its operations encompass diverse segments such as Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. Offering a wide array of system solutions and services, BASF SE caters to industries ranging from chemicals, automotive, and building to agriculture, oil, plastics, electrical, electronics, furniture, and paper. Within its Agricultural Solutions division, BASF SE specializes in providing crop protection products. BASF SE, a leader in the crop protection industry, had a broad portfolio of fungicides, insecticides, herbicides, seed treatments, and pest control products. Additionally, the company provided biological crop protection products and solutions for improving plant health and nutrient management in the soil. Through its digital services, BASF SE helped farmers manage and interpret a wide range of farm and field-related information more efficiently, facilitating better crop management decisions.

In May 2024, BASF introduced Cimegra, a new insecticide designed to offer Australian farmers robust, adaptable, and enduring crop protection. This insecticide delivers rapid and potent control over challenging insect pests, including the notorious Diamondback moth. By launching Cimegra, BASF strengthens its position in the crop protection chemicals market, demonstrating its commitment to innovation and providing farmers with effective solutions to safeguard their crops, thereby enhancing productivity and ensuring sustainable agricultural practices.

Syngenta Group (Switzerland)

Syngenta Group, a leading player in the crop protection industry, operates globally with 150 subsidiaries and a rich legacy spanning over 250 years. With around 60,000 employees across 100 countries, the company is committed to advancing agriculture through science-driven innovations, aiming for increased productivity, food quality, and environmental sustainability. Embracing Regenerative Agriculture, Syngenta collaborates closely with farmers to enhance soil health, preserve natural resources, and promote biodiversity while enhancing farm profitability. Headquartered in Shanghai, China, with administrative offices in Switzerland, Syngenta Group comprises four main divisions: Syngenta Crop Protection, Syngenta Seeds, ADAMA, and Syngenta Group China. These divisions collectively offer state-of-the-art solutions to meet diverse customer needs worldwide. These divisions also provide a range of crop protection products to farmers globally.

In February 2024, Syngenta Crop Protection, a pioneer in agricultural innovation, and Lavie Bio Ltd., a subsidiary of Evogene Ltd. and a prominent ag-biologicals company, announced a partnership to discover and develop new biological insecticidal solutions. This collaboration will utilize Lavie Bio's advanced technology platform to quickly identify and refine bio-insecticide candidates, combined with Syngenta’s vast global research, development, and commercialization expertise. This strategic alliance enhances Syngenta’s position in the crop protection chemicals market by expanding its portfolio with cutting-edge biological solutions, addressing growing demand for sustainable and effective pest control methods.

Bayer AG (Germany)

Bayer AG is a global leader in agriculture research and solutions; it operates through three segments: pharmaceuticals, consumer health, and crop science. Under its crop science segment crop protection chemical products are offered. Bayer AG has a presence in over 120 countries across the globe. The company primarily operates in Europe and has an active presence in North America, Latin America, Africa, the Middle East, and Asia Pacific.  With over a century of groundbreaking science and invention, Bayer had long been at the forefront of agricultural innovation. The company supplied a broad range of tailored crop protection solutions to farmers worldwide, helping them manage their fields and maximize yields across various seasons, crops, geographies, and circumstances. Central to this approach was crop protection chemistry, and Bayer's industry-leading portfolio of crop protection products, encompassing herbicides, fungicides, and insecticides, was driven by the urgent need for effective tools to combat threats to crops and maximize productivity while reducing the environmental footprint.

In June 2023, Bayer AG and Crystal Crop Protection Limited embarked on a collaborative project to enhance the productivity of rice and cotton farmers in India. Under this collaboration, Bayer provided Crystal with access to newer innovations, while Crystal, leveraging their manufacturing and development strengths, helped introduce new solutions to the Indian market. As a result of this partnership, Bayer AG and Crystal Crop Protection Limited launched the products Curbix Pro and Kollar, respectively, to aid farmers in tackling plant hoppers and ensuring the implementation of optimal crop protection practices.

Related Reports:

Crop Protection Chemicals Market by Type (Herbicides, Insecticides, Fungicides & Bactericides), Origin (Synthetic & Biopesticides), Form, Mode of Application (Foliar, Seed Treatment, Soil Treatment), Crop Type and Region - Global Forecast to 2029

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